Bitcoin holds near $64,000 as a renewed Hormuz threat clouds US-Iran ceasefire talks
Crypto firmed over the weekend after Friday's sell-off, with bitcoin recovering toward $64,000.
Michael Saylor’s latest orange-dot chart sparked fresh speculation that Strategy may have acquired additional bitcoin, drawing attention to the company’s massive 846,842 BTC treasury.
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Argentina issues tax exemptions to VASPs, Cuba approves reforms to open its economy, and El Salvador keeps adding bitcoin.
June 21, 2026, 11:30 amSTRC’s slide below par has emboldened critics, slowed Strategy’s Bitcoin buys and sparked debate over whether Michael Saylor’s BTC flywheel is still fine.
June 21, 2026, 10:15 amCrypto firmed over the weekend after Friday's sell-off, with bitcoin recovering toward $64,000.
The significant outflows from Bitcoin ETFs highlight potential volatility and risk aversion in the crypto market, impacting investor sentiment.
The record outflows from Bitcoin ETFs highlight a significant shift in market sentiment, underscoring reduced risk appetite amid crypto volatility.
US-listed spot Bitcoin exchange-traded funds saw their biggest 30-day net outflow since launching in 2024, coming as Bitcoin fell 17% over the past month.
The crackdown highlights the need for stricter regulatory oversight to prevent infrastructure risks and financial burdens on local communities.
Strategy’s bitcoin position has swelled to 846,842 BTC after surviving a dramatic 2022 crypto market downturn that put its balance sheet and stock price under intense pressure. Michael Saylor said the company raised over $60 billion, added 716,000 BTC, and now holds reserves exceeding debt by about $48 billion.
An X analyst says ETH/BTC is back near 0.027, while a TradingView chart shows ETH entering a corrective phase after a strong weekly open.
Bitcoin traded at $64,159 at 6:45 p.m. Eastern time on Saturday, and the derivatives market around it tells a story of retreat and repositioning.
VanEck's fee waiver may attract cost-conscious investors, but BlackRock's liquidity advantage could outweigh savings for active traders.